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Auto Repair Facility or Development Site 4471 Santa Monica Blvd 6,340 SF 100% Leased Retail Building Los Angeles, CA 90029 $4,845,960 CAD ($764.35 CAD/SF)
Investment Highlights
- East Hollywood Auto Repair Facility
- 5 Blocks East of Vermont Ave — 3 Blocks East of Erewhon
- Current $7,000 Monthly Gross Income (Month-to-Month)
- Fantastic Location at NW Corner of Santa Monica Blvd & Commonwealth Ave
- Adjacent to Silver Lake and Echo Park
- Future Development Potential!
Executive Summary
Excellent opportunity to acquire a well-located auto repair facility with future development potential at the high-visibility northwest corner of Santa Monica Boulevard and Commonwealth Avenue in East Hollywood. Ideally positioned just five blocks east of Vermont Avenue and three blocks east of Erewhon, the property is also adjacent to the desirable Silver Lake and Echo Park neighborhoods. The existing tenant currently pays $7,000 per month gross on a month-to-month lease, offering immediate income with flexibility for an owner-user or future redevelopment strategy. A former tank has been removed, and a 2004 closure letter along with a “No Further Action” letter are available for review.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,340 SF
Building Class
C
Year Built/Renovated
1927/1979
Price
$4,845,960 CAD
Price Per SF
$764.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.28 AC
Zoning
LACM
Parking
6 Spaces (0.95 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Los Feliz Auto Service
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Los Feliz Auto Service | Services | - | - | - |
Very walkable
80/100
Exceptionally drivable
90/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5542-025-036 | Improvements Assessment | $107,985 CAD |
| Land Assessment | $231,593 CAD | Total Assessment | $339,577 CAD |
Property Taxes
Parcel Number
5542-025-036
Land Assessment
$231,593 CAD
Improvements Assessment
$107,985 CAD
Total Assessment
$339,577 CAD
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Auto Repair Facility or Development Site | 4471 Santa Monica Blvd
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